Jock4MBA wrote:
staind wrote:
Question to all international applicants/students:
So how do students apply for the visa if they are going to rely on loans for funding and cannot include it on the application form?
The key phrase "does not allow US student loans". US student loans are not part of finance declaration, but you still can apply for funding. Loans without US co-signer if your school finds a bank to offer it. You have to get access to student loans at home/non US, loans from family, savings.
Correct, you can use loans from savings (family, friends, etc - they don't need to be all pooled into one account, they can be in the name of the person who owns the money, provided they write a letter that they will support you) as well as loans from your home country. You cannot use loans from the US, co-signer or not, through the school or not - you just can't. And it gets even better - you need to show you can cover cost of attendance (tuition + plus living expenses) for both years if you're going for the two year program. Last year that was to the tune of 142k or so. Also the assets have to be liquid, something like a 401k is a grey area, so use as a last resort. Your sponsors, however, can also be in the US - there are no restrictions in terms of sponsors and you can have as many sponsors as you like.